Document Type

Article

Publication Date

11-27-2018

Publication Title

Mathematics

Publisher

MDPI

Volume

6

Issue

12

First page number:

1

Last page number:

16

Abstract

We demonstrate the existence, uniqueness and Galerkin approximatation of linear ultraparabolic terminal value/infinite-horizon problems on unbounded spatial domains. Furthermore, we provide a probabilistic interpretation of the solution in terms of the expectation of an associated ultradiffusion process.

Keywords

Ultraparabolic equation; Ultradiffusion process; Probabilistic representation; Mathematical finance

Disciplines

Applied Mathematics

File Format

PDF

File Size

272 Kb

Language

English

Creative Commons License

Creative Commons Attribution 4.0 License
This work is licensed under a Creative Commons Attribution 4.0 License.

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